Summary
Al-Futtaim is recruiting a Motor Underwriter for Orient Insurance PJSC in Dubai. The role assesses motor insurance applications, evaluates risk and premium rates, and processes new and renewal policies, endorsements, and service requests. Applicants should have a relevant university degree or general insurance qualification and 0–3 years of motor underwriting experience, including retail or fleet underwriting. The role is designated for UAE nationals.
The posting
As published on alfuttaim.com. Pulled from the employer's site and shown as they wrote it.
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.
Job description
The successful candidates will be responsible to organise, analyse data, and maintain systematic computerized records related to premiums, which will ensure an efficient control on the underwriting of the company’s business.
What you will do
- Assess and underwrite motor insurance applications in accordance with company policies and regulatory requirements
- Handle day to day underwriting functions in a prompt manner by adhering to the prescribed guidelines and procedures
- Monitor the progress of risk management of the clients, claims history, and other relevant information to determine coverage and premium rates.
- Ability to scrutinize new submissions received and analyze the risk in line with Underwriting Guidelines in support of underwriting decisions
- Ensure New & Renewals policy documents, Terms & Conditions and endorsement documents and all service requests are processed accurately and delivered to clients within the defined KPI's
- Must provide highest standard of customer experience to all business partners & clients
Required skills to be successful
- Attention to details
- strong analytical skills
- Good skills in MS office (Excel, Word, PPT) Outlook and internet application
- Proactive and self-motivated
- Time management and focused delivery of deadlines
- Ability to perform under pressure & perform multiple tasks simultaneously
What equips you for the role:
- Holding a relevant university degree or general insurance qualification
- Having over 0-3 years of work experience in the field of Motor underwriting, handling similar job responsibilities.
- Experience and sound technical knowledge in handling motor retail and fleet underwriting and operations or related line of insurance
- Ability to prioritize workload in meeting deadlines and agreed TAT
About Orient Insurance PJSC
Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman, Riyadh in Kingdom of Saudi Arabia and Bahrain